Wynn Resorts Q2 2024 Adj. EPS $1.12 Misses $1.14 Estimate, Sales $1.733B Miss $1.752B Estimate
Portfolio Pulse from Benzinga Newsdesk
Wynn Resorts (NASDAQ:WYNN) reported Q2 2024 earnings per share of $1.12, missing the analyst consensus estimate of $1.14 by 1.75%. The company also reported quarterly sales of $1.733 billion, missing the estimate of $1.752 billion by 1.11%. Despite the misses, sales increased by 8.58% compared to the same period last year.
August 06, 2024 | 8:03 pm
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Wynn Resorts reported Q2 2024 earnings per share of $1.12, missing the analyst consensus estimate of $1.14 by 1.75%. The company also reported quarterly sales of $1.733 billion, missing the estimate of $1.752 billion by 1.11%. Despite the misses, sales increased by 8.58% compared to the same period last year.
Wynn Resorts missed both EPS and sales estimates, which is likely to negatively impact the stock price in the short term. However, the year-over-year sales increase of 8.58% may provide some support.
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RELEVANCE 100